Private life insurers cut distributors’ commission to absorb adverse impact of GST waiver on insurance
As they pass on the Goods and Services Tax (GST) benefit to policyholders, private life insurers appear to have shifted […]
Insurance Industry News
Insurers in talks to reduce distributor commissions following health insurance GST exemption
Insurance companies are in discussions to reduce the commissions paid to distributors, including web aggregators, banks and individual agents, following
Centre Directs Insurance Companies To Pass GST Benefits To Policyholders
The government has directed insurance companies to proactively undertake outreach campaigns to publicise GST reforms and pass on the benefits
GST rejig: No input tax credit for insurers on brokerage, CBIC clarifies
As India enters a new Goods and Services Tax (GST) regime, the Central Board of Indirect Taxes and Customs (CBIC)
DFS Secy asks insurers to launch outreach campaigns on GST benefits
The Department of Financial Services (DFS) Secretary, M Nagaraju, on Monday directed insurance companies to proactively undertake outreach campaigns to
GST cut on insurance may not bring relief, premiums could rise 12-18 %
When Finance Minister Nirmala Sitharaman announced in the 56th GST Council meeting that GST on individual health and life insurance
GST cut likely to boost individual protection, but revival will be gradual, say analysts
The Goods & Services Tax (GST) cut on individual life and health premiums is likely to help narrow India’s individual
Health and term insurance go GST-free ahead of September 22 rollout
Following the government’s decision to exempt health and term insurance premiums from Goods and Services Tax (GST) starting September 22,
GST on insurance: Policyholders have a lot to know post GST 2.0, here’s why
The GST Council’s recent decision to cut GST on life and health insurance products aims to reduce the additional tax
GST 2.0: Health insurance firms may raise policy tariffs by 3-5% to compensate for input tax credit losses amid tax cuts
The Goods and Services Tax (GST) Council, after its 56th meeting on 4 September 2025, announced a GST exemption on
